Durable goods orders jump 3.5 percent in November

12:53 PM,
Dec. 24, 2013

Durable goods orders jumped by 3.5 percent in November.

Written by

Martin Crutsinger
Gannett

WASHINGTON - Businesses stepped up their orders for long-lasting U.S. manufactured goods in November. And a key category that signals business investment plans climbed at the fastest pace in 10 months.

The Commerce Department report issued Tuesday says orders for durable goods jumped 3.5 percent in November compared with October, when orders had fallen 0.7 percent. The increase was led by a 21.8 percent jump in demand for commercial aircraft, which can be volatile.